Keyrenter Riding a Summer Hot Streak with 14 New Deals

As a result of this rapid expansion over the last few months, Keyrenter has appointed franchise industry veteran Eric Steward to serve as the organization’s new Vice-President of Onboarding.

“On behalf of the brand and all of our valued stakeholders, we’re pleased to announce the awarding of these 14 new territories,” stated Nate Tew, co-founder and CEO of Keyrenter Property Management. “Not only does this greatly expand our brand’s footprint, but we’ve also surpassed a significant milestone of establishing more than 100 franchise locations coast-to-coast. We’re also honored to have Eric Steward join us here at Keyrenter Property Management, who will be overseeing all activities from signed franchise agreements through the rest of the onboarding process for our growing network of franchisee partners.”

Eric Steward, CFE has a well-established track record of success in the franchising industry, especially in the residential real estate space, having spent over a dozen years working in various recruiting roles at Pillar to Post. In his time with the brand he worked his way up the corporate ladder, beginning as a marketing coordinator before being promoted to manager, then director, and ultimately serving as the organization’s senior director of franchise recruiting.

“Joining the team of an industry leading brand like Keyrenter is a dream come true opportunity,” stated Eric Steward, CFE. “The fact that they also operate in the residential real estate space where I have direct category experience is a plus and I hope to make several meaningful contributions in my new role as the head of onboarding activities. With the recent awarding of over a dozen new locations, I have my work cut out for me, but I can’t wait to roll up my sleeves and get started.”

Founded in 2007 in Midvale, Utah, Keyrenter Property Management began franchising the concept in 2014 and has now grown into a thriving network of 94 franchisee partners representing 101 locations in all. As a franchisee in the Keyrenter network, owners provide a wide range of routine residential property management services in their established territories such as rent collection, repair, routine maintenance, and securing tenants for vacant homes. As a whole, the residential real estate industry continues to thrive thanks to highly favorable marketplace conditions. It’s estimated there are approximately 25 million single-family rental (SFR) units in play, of which only 4% are institutionally owned and operated. Robust marketplace conditions continue to attract interest in residential property management from qualified candidates, bolstered by external factors such as an increasingly high ratio of renters-to-buyers, stubbornly high mortgage interest rates, and a tightening lending environment.

About Keyrenter Property Management

Founded in 2007 and franchising since 2014, Keyrenter Property Management is a recession-resistant residential real estate franchise opportunity, offering a wide range of tenant-facing property management solutions. With a proven business model predicated on recurring monthly revenue and generous territorial boundaries, Keyrenter is an ideal choice for candidates looking to establish an entrepreneurial future in property management at the community level. To date, the Keyrenter network has grown to 94 franchisees in 101 different territories across the U.S. For more information about becoming a Keyrenter Property Management franchisee, please visit: https://franchising.keyrenter.com.